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Westgold Resources Ltd.

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Summary

Project:

Great Fingall Mine

Deposit:Great Fingall Reef
Location:Australia
Commodities:Copper-Zinc-Gold
Date:1/21/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-1-2020: Westgold Resources Ltd. announces an Exploration/Drilling Update report for its Great Fingall Reef deposit at the Great Fingall Mine project. Screen fire assay results incl. 3.10m @ 34.05g/t Au from 1440.2m. Further to its announcement of Janua
Resources:x
CP/QP:[Overall Report]: Jake Russell (Internal)
ABSTRACT:Further to its announcement of January 17, 2020, Westgold is pleased to advise that it has now received screen fire assays for the high-grade intercepts at Great Fingall which have significantly upgraded the intercept grades. Accordingly,the Company re-releases the announcement with the revised data. The aggressive +1km down-plunge step-out hole from the lowest production levels at Great Fingall has successfully intercepted the Great Fingall Reef with the following updated exceptional results. The main Great Fingall intercept of 1.57m at 7.98g/t from 1642.18m included a section of 0.49m at 0.12g/t from 1642.92m which contained numerous specs of visible gold (see image below). Westgold believes this drilling is highly significant in that it proves that the stratigraphic controls to mineralisation remain in place, and importantly high grades typical of historic production have been returned at greater than twice the depth of historical mining, proving plunge continuity of the high-grade Great Fingall Reef for a length which is now approaching 2 kilometres. The Great Fingall mine was one of WA’s largest and richest mines at the turn of the 19th century. It was mined to approximately 740 vertical metres before closing at the start of the Great War in 1914. Its recorded production was 1.2 million ounces at a grade of 19.5g/t Au.

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